Shelter Wealth Strategies provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Shelter Wealth Strategies reports 38 clients. They include 27 high-net-worth individuals, 9 individual clients, and 2 corporations and other businesses. Of its assets, 100.0% ($144M across 38 accounts) are managed with discretion. It advised 38 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 24% | 1% |
| High-net-worth individuals | 71% | 97% |
| Corporations and other businesses | 5% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 9 | $1.6M | 1.1% | $178K |
| High-net-worth individuals | 27 | $140M | 97.2% | $5.19M |
| Corporations and other businesses | 2 | $2.4M | 1.7% | $1.2M |
| Total | 38 | $144M | 100% | $3.79M |
- Clients
- 9
- Regulatory AUM
- $1.6M
- AUM share
- 1.1%
- Avg. per client
- $178K
- Clients
- 27
- Regulatory AUM
- $140M
- AUM share
- 97.2%
- Avg. per client
- $5.19M
- Clients
- 2
- Regulatory AUM
- $2.4M
- AUM share
- 1.7%
- Avg. per client
- $1.2M
Total
- Clients
- 38
- Regulatory AUM
- $144M
- AUM share
- 100%
- Avg. per client
- $3.79M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 38
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Shelter Wealth Strategies charges 1.00%–1.50% a year for its Wealth management services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.50% |
| $1M–$5M | 1.25% |
| $5M and above | 1.00% |
Fee details and sources
Other fees
- Standalone financial planning and consulting
- As-requested under a separate agreement, fees negotiable at the firm's discretion, plus possible fees for periodic updates.
HFB Holdings, LLC owns 75% or more of Shelter Wealth Strategies and is in turn owned by 301 Headwater HFB Holdings, LLC (50–75%) and Maple Valley Investments, LLC (25–50%). It has 9 employees, 8 of them in advisory roles.
Leadership
- Therese-Marie CasementDirector of Operations
- Scott FreemanCo-Chairman of HFB Holdings, LLC
Investment adviser representatives
17 representatives listed in the SEC register as of 9 October 2026.
- Traci Lynn Kaas
Staff
- 9 employees
- 8 in advisory functions
- 8 state-registered reps
- 4 insurance agents
- Owns 75% or more of Shelter Wealth Strategies, LLC
HFB Holdings, LLC
Control person · since March 2025
- Owns 50% to 75% of HFB Holdings, LLC
301 Headwater HFB Holdings, LLC
Control person · since March 2025
- Owns 75% or more of 301 Headwater HFB Holdings, LLC
LKCM Headwater Investments IV, L.P.
Control person · since March 2025
LKCM Headwater Investments IV GP, L.P.
General partner · Control person · since May 2022
- Owns 25% to 50% of HFB Holdings, LLC
Maple Valley Investments, LLC
Control person · since March 2025
- Owns 75% or more of Maple Valley Investments, LLC
Scott Freeman
Control person · since January 2014
Besides its headquarters, Shelter Wealth Strategies has 4 offices (1 private residence, listed without an address), with 4 listed addresses in California and Texas.
Texas · 3 listed addresses
- 1400 Post Oak BLVD, Suite 450, HoustonHQ
- 2000 West Loop South, Houston
- 2100 Travis St., Houston
California · 1 listed address
- 20341 SW Birch St., Newport Beach
Contact and registration details
- Legal name
- Shelter Wealth Strategies, LLC
- Headquarters
- 1400 Post Oak BLVD, Suite 450, Houston, TX 77056
- Website
- shelterwealth.com
- Phone
- 713-620-8500
- @shelterwealthstrategies
- SEC file
- 801-135465
- Structure
- Texas LLC
- Fiscal year end
- December
Shelter Wealth Strategies uses Fidelity ($143M) as custodian for its separately managed accounts. Shelter Wealth Strategies has custody of $17.1M in client assets for 4 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $143M100%
At year end, Shelter Wealth Strategies’ separately managed accounts were mostly in funds (60%) and cash (22%).
What the accounts hold
- Stocks4%
- Funds60%
- Bonds14%
- Cash22%
How many clients does Shelter Wealth Strategies have?
Shelter Wealth Strategies has 38 clients and manages $144 million for them, as of June 2026. They include 27 high-net-worth individuals, 9 individual clients, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 June 2026
What services does Shelter Wealth Strategies offer?
Shelter Wealth Strategies provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Shelter Wealth Strategies charge?
Shelter Wealth Strategies charges 1.00%–1.50% a year for its Wealth management services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: SHELTER WEALTH STRATEGIES ADV 2A, filed 10 March 2026
Which custodians does Shelter Wealth Strategies use?
Shelter Wealth Strategies’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $143M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 June 2026
How many financial advisors does Shelter Wealth Strategies have?
Shelter Wealth Strategies has 8 investment adviser representatives registered with state securities authorities, out of 9 employees, and 8 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Shelter Wealth Strategies invest in?
At the end of its last fiscal year, Shelter Wealth Strategies’ separately managed accounts held 60% registered funds (mutual funds, ETFs, BDCs), 22% cash and equivalents, 14% state and local bonds and 4% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Shelter Wealth Strategies?
Shelter Wealth Strategies is owned through a chain of holding companies by Scott Freeman. Its direct owner is HFB Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 June 2026
How does Shelter Wealth Strategies get paid?
Shelter Wealth Strategies is paid through a percentage of assets under management and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Shelter Wealth Strategies?
Shelter Wealth Strategies’ main office is at 1400 Post Oak BLVD, Suite 450, Houston, TX 77056. Its phone number is 713-620-8500. Its website is shelterwealth.com.